Citigroup's most recent trend suggests a bearish bias. One trading opportunity on Citigroup is a Bear Call Spread using a strike $63.00 short call and a strike $68.00 long call offers a potential 13.38% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $63.00 by expiration. The full premium credit of $0.59 would be kept by the premium seller. The risk of $4.41 would be incurred if the stock rose above the $68.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Citigroup is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Citigroup is bearish.
The RSI indicator is at 28.89 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citigroup
Mundoval Funds Buys Lockheed Martin Corp, Organon, Tyson Foods Inc, Sells Citigroup Inc
Thu, 09 Dec 2021 18:38:02 +0000
Investment company Mundoval Funds (Current Portfolio) buys Lockheed Martin Corp, Organon, Tyson Foods Inc, British American Tobacco PLC, Anheuser-Busch InBev SA/NV, sells Citigroup Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Mundoval Funds.
Leuthold Funds Inc Buys Costco Wholesale Corp, Walmart Inc, PowerShares QQQ Trust Ser 1, Sells …
Thu, 09 Dec 2021 15:38:02 +0000
Investment company Leuthold Funds Inc (Current Portfolio) buys Costco Wholesale Corp, Walmart Inc, PowerShares QQQ Trust Ser 1, BJ's Wholesale Club Holdings Inc, JPMorgan Chase, sells Athene Holding, Aflac Inc, Verizon Communications Inc, MetLife Inc, Manulife Financial Corp during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Leuthold Funds Inc.
Citigroup (C) Pauses Share Buybacks in Q4 Owing to SACCR Rule
Thu, 09 Dec 2021 13:07:01 +0000
As part of its capital management efforts and better prepare for the impact of a new capital rule for derivative risks, Citigroup (C) halts share repurchases in fourth-quarter 2021.
Citi Private Bank Law Firm Group and Hildebrandt Consulting Issue 2022 Citi Hildebrandt Client Advisory
Thu, 09 Dec 2021 12:00:00 +0000
NEW YORK, December 09, 2021–U.S. Law Firm Industry wraps up one of the strongest years on record with growth levels not seen since pre-2008.
State Street to lose more revenue from BlackRock move than first projected
Thu, 09 Dec 2021 10:29:22 +0000
BlackRock announced late Tuesday that it would move almost $2 trillion of the $2.3 trillion in assets under administration at State Street to Citi, JPMorgan and BNY Mellon.
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